Experience true Coastal Tranquility ... Secure one of the last remaining Hill Top Stands.

R 1,800,000

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13 days ago34 views
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General Details
Location:
For Sale By:Agency
Description
Set a bit higher up, these selected few stands enjoy wonderful sea views of the Indian Ocean.
All the stands are positioned in such a manner that every owner enjoys unspoilt views over the ocean and the valley.
Owners are allowed to build houses up to 240 m2 on carefully demarcated plots along a 1 kilometer coastline. Great emphasis is placed on environmentally conscious practices. There are 3 different design plans to choose from with strict architectural guidelines.
Houses are completely off-grid, using borehole, solar energy and gas.
Fynbosstrand is a private company registered in terms of the South African Company's Act and operates under the Share Blocks Control Act. Shareholding is limited to 58 shares. Each share represents a specific co-ordinated position along a 1 km of the most beautiful stretch of coastline. This position is demarcated by a peg with coordinates that are recorded. Each share constitutes an exclusive use right on its corresponding peg and a communal use right over the remainder of the property, excluding the 57 other exclusive use rights enjoyed by the other shareholders.
Ownership of a 58th share of a beautiful farm with a splendid 1 km of coastline and stretching 4 km inland and covered with undisturbed Southern Cape fynbos, hence the name Fynbosstrand. The property is approximately 426 hectares in size.
Fynbosstrand is your getaway to unspoiled, secluded seaside living.

Property Reference #: 7002001-18958

Agent Details:
Concha Shawe
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274220858
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Estimated monthly repaymentR 19,507
Total property loan amountR 1,800,000
Total interestR 2,881,615
Total repaymentR 4,681,615
Interest rate at 11.75% for 20 years *
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EXP Realty
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